Governor shows zeal for being first Nevada Hyperloop passenger

Gov. Brian Sandoval said he can’t wait to experience “the Kitty Hawk moment” for Hyperloop Technologies Inc. in North Las Vegas.

That moment could occur as early as next fall based on the ambitious development schedule outlined by the Los Angeles-based high-tech transportation company.

Sandoval was referring to the first test run of a full-scale Hyperloop pod within a tube. The Wright brothers made their first controlled and sustained flight in an aircraft on Dec. 17, 1903, near Kitty Hawk, North Carolina.

Sandoval’s enthusiasm was based on Friday’s unanimous approval of almost $10 million in incentives for Hyperloop, which is planning to build a 3-kilometer test track at the Apex industrial park near the intersection of Interstate 15 and U.S. Highway 93. Hyperloop map

Brian Gaumer, director of test and development engineering for Hyperloop, told the Governor’s Office of Economic Development board that the North Las Vegas location is on the company’s short list of prospective sites for the test facility. He didn’t disclose what other sites are competing for the facility. While the site approval isn’t a done deal, the company already has transported equipment to Apex to get started.

Company representatives said they would have no further comment about the project, which initially was conceived by entrepreneur Elon Musk, developer of Tesla and SpaceX.

Gaumer said there were a few closing agreements and easement issues that had to be cleared before making a final decision, which he said would occur within weeks. The company already has negotiated with NV Energy for power to the site and the Southern Nevada Water District for utilities.

He added that the Apex environment offers conditions that should be helpful in testing the components of the system.

The company expects to complete construction of the test facility by September with testing to begin by November. The test facility would operate seven days a week for up to 24 hours a day. Markets in Europe, Asia and the United States are under consideration for the first working transport system.

Sandoval, who chairs the 11-member board, volunteered to take the first ride in the system.

“I want Nevada to be on the ground floor for some of these next big things,” Sandoval told Gaumer. “When you perfect it, I want to be the first to go for a ride.”

It would be a short trip.

Gaumer explained that the company would first test the system with a 1-kilometer tube, then extend it for further testing. The company is eyeing a long and narrow series of parcels along the northwestern boundary of the Apex complex. It also would build a 20,000-square-foot building on the site.

Gaumer said the company already has 125 full-time employees working from a 3-acre campus in downtown Los Angeles who have engineered and developed model versions of the tubes and pods envisioned for the full-scale system.

The company’s next step was to develop an open-air track at Apex to test the propulsion system outside a tube.

The next phase, the one for which the company is seeking tax incentives, is for the Hyperloop Safety, Test and Development Loop, called the “Nevada DevLoop” by company executives.

Gaumer explained that the propulsion system uses existing electromagnetic technology that would levitate pods. The tubes enclose a low-pressure environment to minimize friction and resistance.

Company officials say Hyperloop is an environmentally friendly transport system that could be built above, below or at ground level and tubes could also be built underwater, operating off the grid or with sustainable energy systems. The Hyperloop is designed so that a pod could potentially be launched every 10 seconds assuring high-volume transport. In theory, the system could transport goods and passengers at 700 mph, but Gaumer cautioned that part of the testing would involve a passenger’s tolerance to high speeds and acceleration.

The deal the board signed off on assures that the company would deliver higher job creation, average wages and equipment capital expense investment beyond what’s required by state statute.

The company promises initially to hire 89 people at an average wage of $29.19 an hour and invest $121.6 million in facilities and equipment.

In return, the company would get a sales tax abatement to 2 percent, worth an estimated $7.4 million, a modified business tax abatement of 50 percent over four years, worth $154,100, and a personal property tax abatement of 50 percent over 10 years, worth $1.7 million. The company also would be eligible for a $750,000 catalyst fund tax credit.

Hyperloop’s application to the state estimates that over 10 years the project would support 214 jobs and $113.5 million in payroll. It also would add 22 construction jobs paying out $1.4 million over that timeframe.

The state estimates that direct and indirect employee presence would generate $11.7 million in new state and local tax revenue over 10 years, meaning that the company’s presence would result in $31 in economic impact and $1.27 in new taxes for every abated dollar.

Sandoval credited several agencies for their assistance in convincing Hyperloop to set up in Nevada. He applauded Clark County and the city of North Las Vegas, the Bureau of Land Management and the Las Vegas Global Economic Alliance, which guided the company through the incentive process.

Contact Richard N. Velotta at rvelotta@reviewjournal.com or 702-477-3893. Find him on Twitter: @RickVelotta.

ad-high_impact_4
Business
Bellagio Conservatory transformed to celebrate Year of the Pig
The Bellagio Conservatory Team transformed the 14,000 square foot conservatory to commemorate Chinese New Year, the holiday that marks the end of the coldest days of winter. (Rachel Aston/Las Vegas Review-Journal)
CES 2019: Intro uses sound to connect people
Intro, a startup that is part of the Future Worlds Accelerator in the UK, has an app that uses ultrasonic sound to find people and companies nearby.
CES 2019 Video: CES wraps up another year
Time-lapse video of the action at CES 2019 in Las Vegas. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Create your own beauty products
Beauty Mix by BeautyByMe is a product that lets you create your own cosmetics and beauty products. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Picobrew’s home brew machine
Picobrew brings automation to homebrewing. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Surviving CES
What it's like to spend four days working the mammoth tech convention. (Jason Bracelin/Las Vegas Review-Journal)
Haier’s smart home
Haier presented smart home technology at CES 2019.
CES 2019 VIDEO: Foldimate makes laundry day easy
Foldimate has created a machine that will fold your laundry for you. Just feed it anything you need folded and it will do the rest. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Opte device corrects skin spots
Opte from Proctor and Gamble is a device for correcting spots and freckles from skin. It analyzes the area for spots and then covers them with a serum of matching skin tone. (Mat Luschek/Las Vegas Review-Journal)
Circa hotel-casino in downtown Las Vegas unveiled
Derek Stevens reveals Circa hotel-casino in downtown Las Vegas. He plans open by the end of 2020. (K.M Cannon/Las Vegas Review-Journal)
Circa, new casino coming to Fremont Street
Casino owner Derek Stevens announces his new property Circa, coming to Fremont Street in downtown Las Vegas in late 2020. (Michael Quine/Las Vegas Review-Journal)
Dreenk My Oeno makes wine suggestions
At CES 2019 in Las Vegas, the Dreenk My Oeno tells you all about wine.
Polaroid One Step Plus camera unveiled at CES 2019
Polaroid has moved into the digital age with its One Step Plus camera with Bluetooth. With the connected app, it turns your smartphone into a remote for the camera, along with filters and features.
Amazon is everywhere at CES 2019 in Las Vegas
Seemingly everything works with Amazon Alexa
LG Smart Mirror helps you dress snazzy
LG’s Smart Mirror is less of a mirror but more of an assistant to help get you looking snazzy. It takes your image and recommends clothes for you or matches existing clothes with new clothes, which can be purchased right from the mirror. (Mat Luschek/Las Vegas Review-Journal)
Underwater robots make waves at CES 2019 in Las Vegas
Robosea is a company dedicated to underwater robotics. They produce consumer robots for underwater filming as well as commercial products which can be used for underwater research. (Mat Luschek/Las Vegas Review-Journal)
CES 2019 - Victrola record players spin in Las Vegas
A new spin on an old favorite, Victrola record players are meeting a demand for retro products. The brand is also making furnitures with built-in speakers.
CES 2019: Slamtec robots ready to serve
Slamtec is a robotics company out of China whose goal is to provide solutions for laser localization mapping and navigation. They have created two autonomous robots that can be used in areas such as bars, restaurants and malls. (Mat Luschek/Las Vegas Review-Journal)
Mixologiq drink maker appears at CES 2019 in Las Vegas.
This is the Mixologiq drink maker.
CES 2019: Veritable smart garden
Let’s face it; not all of us have green thumbs. And herbs are particularly difficult to grow, considering their constant need for sunshine. Enter the Veritable smart garden from Exky, which does it all for you. (Heidi Knapp Rinella/Las Vegas Review-Journal)
Bonnie Springs Ranch near Las Vegas being sold to developer
Bonnie Springs Ranch near Las Vegas is being sold to a developer, set to close in March. Bonnie Springs, west of Las Vegas off State Route 159 — next to Spring Mountain Ranch State Park — spans more than 60 acres and was on the market for $31 million. The developer and his project partner are under contract to buy the ranch and plan to chop it up mostly into custom-home lots. The plans includes a 25-room motel, a restaurant and a 5,400-square-foot event barn.
Bone-conduction headphones form Aftershokz
Aftershokz offers bone-conduction headphones - headphones that don’t go in the ear.
CES Happy Hour party at Hangover Suite at Caesars Palace
Conventioneers mingled during the Hardware Massive CES 2019 Happy Hour Bash at The Hangover Suite at Caesars Palace in Las Vegas. (K.M. Cannon/Las Vegas Review-Journal) @KMCannonPhoto
Autonomous Cars and Futuristic Aircraft Rule CES
Day two of CES was dominated by autonomous cars and futuristic aircraft in the North Hall of the Las Vegas Convention Center.
TekNekSavr fights neck problems caused by smart phones
Atiya Syverson invented the TekNekSavr to help fight neck and head problems caused by strains while typing on smart phones. (Mat Luschek/Las Vegas Review-Journal)
New eyeglasses know if you fall and call for help
The French company Abeye has created eye glasses that will detect if the wearer falls and call for help. (Mat Luschek/Las Vegas Review-Journal)
Company that creates vibrator-like device claims genders bias against CES
Lora DiCarlo is a women-run start-up that creates a vibrator-like device designed for female pleasure called the Osé. This year they were awarded the CES Innovation Award in the Robotics and Drone Category, but a month later the Consumer Technology Association, which runs CES, rescinded the award and their booth. Haddock and her team believe it is a reflection of gender bias and sexism in an industry with a long history of male domination.
CES-Wagz has new pet products
Wagz has three new products to help create better lives for your pets in a digital world. One is a collar with LTE tracking and an HD camera. Also a smart pet door that only lets your pet in and out. Lastly, a device to humanely keep Fluffy out of certain areas of your home. (Mat Luschek/Las Vegas Review-Journal)
CES 2019: Varram lats you play with your pet remotely
Varram’s pet robot is designed to let you remotely interact with your real pet. (Mat Luschek/Las Vegas Review-Journal)
CES-Formlabs releases new products
Formlabs, a company that produces 3D printers for professionals, has released two new products that can be printed on their hardware. One is a material to print dentures, and the other is an elastic-like material that can be used for printing various flexible pieces. (Mat Luschek/Las Vegas Review-Journal)
TOP NEWS
News Headlines
ad-infeed_1
ads_infeed_2
Local Spotlight
Home Front Page Footer Listing
Circular
You May Like

You May Like